Seller's Agent in 2023
John O'Connell
Elfant Wissahickon-Chestnut Hill
(267) 312-1925
16 in this area
62 Total Sales
5206 Morris St Philadelphia, PA 19144
Germantown NeighborhoodEstimated Value: $331,000 - $395,163
--
Bed
3
Baths
2,412
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Traditional Floor Plan
- Straight Thru Architecture
- Eat-In Kitchen
- Oak Street Elementary School Rated A
- Engineered Wood Flooring
- Ceiling Fan
About This Home
As of June 2023Beautiful well kept three (3) unit building located in West Germantown. Three large one bedroom apartments... All units have been updated and all required licenses and zoning permits are updated yearly with legal 3 family zoning use permits. Have units have been hard wired with smoke, carbon monoxide and fire detection systems and all units are lead dust tested and certified safe each year. The building is well maintained and in excellent condition. Gross yearly rents are $36,996. Expenses for the year (which includes all real estate taxes, building insurance, water/sewer, common electric, PGW-domestic hot water, city trash tax, licenses/fire system certs, and maintenance) totals $10,831 in yearly expenses.
Gross net income is $26,165 or 7.5 % cap rate.
Laundry in basement for tenants. Rear fenced yard. Private entrances. 24 Hour Notice-Listing agent will accompany.
Last Agent to Sell the Property
(267) 312-1925 john@elfantwissahickon.com Elfant Wissahickon-Chestnut Hill Listed on: 04/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,016
Year Built
- Built in 1900
Lot Details
- 2,880 Sq Ft Lot
- Lot Dimensions are 24.00 x 120.00
- Back and Front Yard
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Straight Thru Architecture
- Stone Foundation
- Masonry
Interior Spaces
- 2,412 Sq Ft Home
- Traditional Floor Plan
- Ceiling Fan
- Flood Lights
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Disposal
Flooring
- Engineered Wood
- Carpet
- Tile or Brick
Laundry
- Electric Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior and Side Basement Entry
Utilities
- Vented Exhaust Fan
- Electric Baseboard Heater
- 200+ Amp Service
- Natural Gas Water Heater
- Municipal Trash
Additional Features
- Energy-Efficient Windows
- Exterior Lighting
Listing and Financial Details
- The owner pays for real estate taxes, trash collection, water, insurance, gas, electricity
- Tax Lot 3085
- Assessor Parcel Number 123235400
Community Details
Overview
- 3 Units
- 3-Story Building
- Germantown Subdivision
Building Details
- Insurance Expense $2,500
- Maintenance Expense $1,800
- Trash Expense $500
- Operating Expense $10,831
- Gross Income $36,996
- Net Operating Income $26,165
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2023
Closed on
Jun 16, 2023
Sold by
Koch Christine
Bought by
Pulaski St Llc
Seller's Agent
John O'Connell
Elfant Wissahickon-Chestnut Hill
Buyer's Agent
Maria Quattrone
RE/MAX @ HOME
List Price
$349,900
Sold Price
$341,000
Premium/Discount to List
-$8,900
-2.54%
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,721
Avg. Annual Appreciation
3.28%
Purchase Details
Closed on
Nov 30, 2004
Sold by
Weeks Weeks Carole Carole and Weeks Allen Hollis
Bought by
Koch Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,543
Interest Rate
5.63%
Mortgage Type
FHA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pulaski St Llc | $341,000 | None Listed On Document | |
| Koch Christine | $159,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Koch Christine | $156,543 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2023 06/23/23 | Sold | $341,000 | -2.5% | $141 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/15/2023 04/15/23 | For Sale | $349,900 | -- | $145 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $3,017 | $303,700 | $60,740 | $242,960 |
| 2025 | $3,017 | $303,700 | $60,740 | $242,960 |
| 2024 | $3,017 | $303,700 | $60,740 | $242,960 |
| 2023 | $3,017 | $215,500 | $43,100 | $172,400 |
| 2022 | $2,042 | $215,500 | $43,100 | $172,400 |
| 2021 | $2,042 | $0 | $0 | $0 |
| 2020 | $2,042 | $0 | $0 | $0 |
| 2019 | $2,016 | $0 | $0 | $0 |
| 2018 | $2,392 | $0 | $0 | $0 |
| 2017 | $2,392 | $0 | $0 | $0 |
| 2016 | $2,392 | $0 | $0 | $0 |
| 2015 | $2,290 | $0 | $0 | $0 |
| 2014 | -- | $170,900 | $21,485 | $149,415 |
| 2012 | -- | $10,624 | $1,888 | $8,736 |
Source: Public Records
Agents Affiliated with this Home
-
John O'Connell
-
Maria Quattrone
Buyer's Agent in 2023
Maria Quattrone
RE/MAX
(215) 607-3535
9 in this area
506 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2224812
APN: 123235400
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